KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States.
No risks detected for 0JQR from our risk checks.
Flawless balance sheet established dividend payer.
Share Price & News
How has KeyCorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0JQR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0JQR exceeded the UK Banks industry which returned -14.3% over the past year.
Return vs Market: 0JQR exceeded the UK Market which returned -1.3% over the past year.
Price Volatility Vs. Market
How volatile is KeyCorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is KeyCorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0JQR ($20.41) is trading below our estimate of fair value ($44.99)
Significantly Below Fair Value: 0JQR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0JQR is poor value based on its PE Ratio (10.3x) compared to the Banks industry average (8.6x).
PE vs Market: 0JQR is good value based on its PE Ratio (10.3x) compared to the UK market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: 0JQR is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 0JQR is overvalued based on its PB Ratio (1.1x) compared to the GB Banks industry average (0.7x).
How is KeyCorp forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0JQR's forecast earnings growth (7.2% per year) is above the savings rate (0.5%).
Earnings vs Market: 0JQR's earnings (7.2% per year) are forecast to grow slower than the UK market (13.2% per year).
High Growth Earnings: 0JQR's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0JQR's revenue (5.9% per year) is forecast to grow faster than the UK market (3.8% per year).
High Growth Revenue: 0JQR's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0JQR's Return on Equity is forecast to be low in 3 years time (12.7%).
How has KeyCorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0JQR has high quality earnings.
Growing Profit Margin: 0JQR's current net profit margins (27.2%) are lower than last year (29%).
Past Earnings Growth Analysis
Earnings Trend: 0JQR's earnings have grown by 17.6% per year over the past 5 years.
Accelerating Growth: 0JQR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0JQR had negative earnings growth (-10.2%) over the past year, making it difficult to compare to the Banks industry average (29.6%).
Return on Equity
High ROE: 0JQR's Return on Equity (10%) is considered low.
How is KeyCorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0JQR has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0JQR's debt is not covered by short term assets (assets are 0.7x debt).
Financial Institutions Analysis
Asset Level: 0JQR's level of assets compared to its equity is low.
Allowance for Bad Loans: 0JQR has a sufficient allowance for bad loans.
Low Risk Liabilities: 0JQR's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0JQR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0JQR's loans are broadly funded by customer deposits.
Level of Bad Loans: 0JQR has an appropriate level of bad loans (0.71%)
What is KeyCorp's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 0JQR's dividend (4.43%) is higher than the bottom 25% of dividend payers in the UK market (1.94%).
High Dividend: 0JQR's dividend (4.43%) is low compared to the top 25% of dividend payers in the UK market (5.4%).
Stability and Growth of Payments
Stable Dividend: 0JQR's dividends per share have been stable in the past 10 years.
Growing Dividend: 0JQR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (43.7%), 0JQR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0JQR's dividends in 3 years are forecast to be well covered by earnings (40.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Beth Mooney (64yo)
Ms. Beth E. Mooney serves as Director at Ford Motor Company since July 10, 2019. Ms. Mooney has been the Chairman and Chief Executive Officer of KeyCorp since May 1, 2011 and serves as its President. Ms. M ...
CEO Compensation Analysis
Compensation vs Market: Beth's total compensation ($USD9.06M) is above average for companies of similar size in the UK market ($USD4.65M).
Compensation vs Earnings: Beth's compensation has been consistent with company performance over the past year.
|CFO & Chief Administrative Officer||6.7yrs||US$3.47m||0.038% $6.1m|
|Executive VP & President of Key Institutional Bank||3.5yrs||US$3.97m||0.020% $3.2m|
|Chief Risk Officer & Executive Officer||2.1yrs||US$3.32m||0.0030% $491.1k|
|Chief Accounting Officer & Executive Officer||4.8yrs||no data||0.0047% $766.6k|
|Chief Information Officer & Executive VP||7.8yrs||US$3.33m||0.014% $2.2m|
|Executive Vice President of Investor Relations||23.1yrs||no data||no data|
|General Counsel||0.08yrs||no data||0.00015% $24.3k|
|Chief Communications Officer||0yrs||no data||no data|
Experienced Management: 0JQR's management team is considered experienced (4.8 years average tenure).
|Independent Director||10.3yrs||US$210.00k||0.012% $1.9m|
|Independent Lead Director||0yrs||US$250.00k||0.020% $3.2m|
|Independent Director||8.3yrs||US$230.00k||0.0026% $414.9k|
|Independent Director||8.3yrs||US$215.00k||0.0018% $296.6k|
|Independent Director||10.8yrs||US$210.00k||0.012% $2.0m|
|Independent Director||14.8yrs||US$210.00k||0.011% $1.7m|
|Independent Director||9.9yrs||US$230.00k||0.0034% $547.8k|
|Independent Director||9.6yrs||US$200.00k||0.0015% $248.0k|
Experienced Board: 0JQR's board of directors are considered experienced (9.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0JQR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
KeyCorp's company bio, employee growth, exchange listings and data sources
- Name: KeyCorp
- Ticker: 0JQR
- Exchange: LSE
- Founded: 1849
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$16.207b
- Shares outstanding: 969.89m
- Website: https://www.key.com
Number of Employees
- 127 Public Square
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KEY||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jan 1980|
|KEY||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1980|
|0JQR||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Jan 1980|
|KEY1 *||BMV (Bolsa Mexicana de Valores)||Yes||Common Shares||MX||MXN||Jan 1980|
|KEY||ETLX (Eurotlx)||Yes||Common Shares||IT||EUR||Jan 1980|
|KEY.PRI||NYSE (New York Stock Exchange)||DEP SHS 1/40 E||US||USD||Dec 2016|
|KEY.PRJ||NYSE (New York Stock Exchange)||DEP SHS PFD F||US||USD||Jul 2018|
|KEY.PRK||NYSE (New York Stock Exchange)||DP SHS PFD G||US||USD||Apr 2019|
|K1EY34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking services in the United States. The company's Key Community Bank segment offers various deposit and investment products, personal finance services, residential mortgages, home equity loans, credit cards, and installment loans. It also purchases retail auto-sales contracts through a network of auto dealership; offers financial, estate and retirement planning, asset management, and trust services, as well as portfolio management, life insurance, charitable giving, and related services for high-net-worth clients. In addition, this segment provides deposits, investment and credit products, and business advisory services to small businesses; and commercial lending, cash management, equipment leasing, and investment products, as well as employee benefit programs, succession planning, capital market access, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. The company also offers securities underwriting, investment banking, and brokerage services. As of December 31, 2018, it offered its products and services through 1,159 retail banking branches and 1,505 automated teller machines in 15 states, as well as additional offices, online and mobile banking capabilities, and a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/29 00:05|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.